Technavio’s report on the global evaluation board market analyses the
business dimensions and presents a comprehensive breakdown in terms of
market segmentation by application, including consumer electronics and
industrial. The consumer segment of the market consists of wearables and
household appliances that include air conditioners, cookers,
dishwashers, microwave ovens, televisions and washing machines. Consumer
electronic products have transformed substantially in recent times with
vendors introducing advanced electronic gadgets that have smart features
such as touch-based displays, keypads, and in-built memory. This
generates the requirement for evaluation boards needed while testing the
properties of devices.

Based on geography, the global evaluation
board market has been segmented into APAC, the Americas, and EMEA.
The global evaluation board market was dominated by APAC that occupied a
market share of close to 70%. This is due to the high concentration of
OEMs and original device manufacturers (ODMs).

“The increasing demand for evaluation boards for consumer electronics
and automotive applications will drive the growth of the market in APAC
during the forecast period. The availability of raw materials in
abundance and the low establishment and labor costs have assisted
companies to launch their production centers in this region. Apart from
this, advances in power semiconductor technology are also fueling the
market growth in APAC. The region is primarily driven by the heavy
demand for electronics from countries such as China and India,” says
Jujhar Singh, a lead analyst at Technavio for embedded
systems research.

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Evaluation board market: competitive vendor landscape

The global evaluation board market has the presence of several reputed
vendors, yet it is dominated by Analog Devices. The market share of this
company was 35% in the global evaluation board market in 2016. Analog
Devices is one of the pioneers in the market and has much design wins
over other vendors operating in the market. This is one of the factors
that has contributed to a strong customer base for this company. One of
the key factors for this domination is that the production of evaluation
board architectures is based on the design of end-products. Evaluation
boards are one of the key components in the electronic systems but do
not undergo major design changes with changing form factors, or
down-scaling of ICs integrated into the electronic devices.

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